Colpac’s net-zero targets have been validated by the Science Based Targets initiative (SBTi), including its overall net-zero target date of 2045.
This is testament to thorough data collection, emissions calculations, and the development of an ambitious but achievable net-zero programme, developed with sustainability consultants – Inspired Plc. The target validation enhances the integrity of the company’s actions and demonstrates Colpac’s drive to work with the food packaging marketplace to take positive action in support of climate action.
The team successfully worked through the SBTi’s Small and Medium Enterprise (SME) pathway when setting its net-zero targets. At the time of submission, the SME pathway involved setting near- and long-term science-based targets. Colpac’s overall net-zero target date of 2045, and interim scope 1 and 2 target of 42% reduction by 2030 were validated, meaning these emissions reductions targets are in line with the Paris Agreement to limit global warming to 1.5ºC.
To demonstrate commitment and ambition, Colpac has set interim targets for all three scopes. The company has set targets to reduce scope 1 emissions by 2035 and scope 2 emissions by 2030, progressing towards an overall net-zero target of 2045.
“We are thrilled to have net-zero targets validated by the Science Based Targets initiative. It really reinforces our commitment to sustainability and gives us, and our customers, even more confidence in our ability to reduce our carbon impact.”
Talia Goldman, ESG Manager at Colpac
Colpac is already working on the reduction of its impact in several areas, including factory efficiencies, transport optimisation, and reducing energy use. What is perhaps more inspiring, is the way the company has approached this with such determination, implementing its net-zero programme and setting multiple targets before this is mandated for SMEs.
Beyond this, Colpac is leading the way for UK SMEs by encouraging others to do the same. The company’s ESG Manager, Talia Goldman, recently spoke at Sustainability Live London, alongside Emma Hird from Inspired Plc, giving examples of how SMEs can explore practical approaches to achieve sustainability goals.